Channel Pointe-CS 901016 DUNCAN, DICKSON & TAYLu .
-16200 Dallas Parkway
Suite 160
Dallas, Texas 75248
October 16, 1990
Mr. Larry Davis
City of Coppell
P.O. Box 478
732 Deforest Road
Coppell, Texas 75019
Dear Mr. Davis:
Duncan, Dickson & Taylor, a Texas partnership, is the owner
of the subdivision known as Channel Pointe located in the City of
Coppell. Our firm has examined and accepted all the paving in the
Channel Pointe subdivision.
That we, Duncan, Dickson & Taylor, as principals, are held
and firmly bound unto the City of Coppell in the penal sum of
Six Thousand Two Hundred Fifty-Four and no/100 Dollars ($6,254.00)
for the payment of which, well and truly to be made, we do hereby
bind ourselves by these presents.
Whereas, the paving work for the Channel Pointe subdivision
has now been completed and accepted by the City of Coppell.
Therefore, Duncan, Dickson & Taylor shall for a period of
one year from and after the 10th day of October, 1990, indemnify
the City of Coppell against any loss or damage directly arising by
reason of any defect in the material or workmanship which may be
discovered within the period aforesaid, then this obligation shall
be void.
Sincerely,
Larry R. ~aylor
LRT/ma